#sec 147 of income tax act

Read more about the article 5 Essential Points About Section 124(5) of the Income Tax Act: Assessing Officer’s Powers and Jurisdiction

5 Essential Points About Section 124(5) of the Income Tax Act: Assessing Officer’s Powers and Jurisdiction

When it comes to income tax assessments in India, understanding the jurisdiction and authority of an Assessing Officer (AO) is crucial for taxpayers and tax professionals alike. Section 124 of…

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Read more about the article 4 Key Points to Understand When Challenging Assessing Officer’s Jurisdiction Under Section 124(4) of the Income Tax Act

4 Key Points to Understand When Challenging Assessing Officer’s Jurisdiction Under Section 124(4) of the Income Tax Act

Navigating the complexities of the Income Tax Act is crucial, especially when it comes to understanding the jurisdiction of an Assessing Officer (AO). Section 124(4) provides taxpayers (or "assessees") with…

Continue Reading4 Key Points to Understand When Challenging Assessing Officer’s Jurisdiction Under Section 124(4) of the Income Tax Act
Read more about the article Understanding Section 124(3) of the Income Tax Act: Limits on Challenging Assessing Officer Jurisdiction

Understanding Section 124(3) of the Income Tax Act: Limits on Challenging Assessing Officer Jurisdiction

Introduction In the Income Tax Act, Section 124 governs the jurisdiction of Assessing Officers (AOs). Specifically, Section 124(3) lays down conditions under which a taxpayer can challenge the AO's jurisdiction.…

Continue ReadingUnderstanding Section 124(3) of the Income Tax Act: Limits on Challenging Assessing Officer Jurisdiction